Siteone stock

Price History & Performance

Recent News & Updates

We Think SiteOne Landscape Supply (NYSE:SITE) Can Manage Its Debt With Ease

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

About the Company

SiteOne Landscape Supply, Inc. engages in the wholesale distribution of landscape supplies in the United States and Canada. The company provides a selection of approximately 130,000 stock keeping units, including irrigation supplies, which consists controllers, valves, sprinkler heads, and irrigation and drainage pipes; fertilizers, grass seed, and ice melt products; control products, which include herbicides, fungicides, rodenticides, and other pesticides; landscape accessories, which comprise mulches, soil amendments, tools, and sod; nursery goods, which consist of deciduous shrubs, evergreen shrubs and trees, ornamental trees, shade trees, field grown and container-grown nursery stock, and plant species; and outdoor lighting products, which include accent lights, dark lights, path lights, up lights, down lights, wall lights, and pool and aquatic area lighting, as well as hardscapes, such as pavers, natural stones, blocks, and other durable materials. It also offers consultative services consisting of assistance with irrigation network design, commercial project planning, generation of sales leads, marketing services and product support, and a series of technical and business management seminars; and distributes branded products of third parties.

SiteOne Landscape Supply Fundamentals Summary

Below Fair Value: SITE ($212.31) is trading above our estimate of fair value ($136.71)

Significantly Below Fair Value: SITE is trading above our estimate of fair value.

PE vs Industry: SITE is poor value based on its PE Ratio (49.6x) compared to the US Trade Distributors industry average (23.1x).

PE vs Market: SITE is poor value based on its PE Ratio (49.6x) compared to the US market (18.2x).

PEG Ratio: SITE is poor value based on its PEG Ratio (4.3x)

PB vs Industry: SITE is overvalued based on its PB Ratio (10.1x) compared to the US Trade Distributors industry average (2.4x).

Earnings vs Savings Rate: SITE's forecast earnings growth (11.4% per year) is above the savings rate (2%).

Earnings vs Market: SITE's earnings (11.4% per year) are forecast to grow slower than the US market (15.1% per year).

High Growth Earnings: SITE's earnings are forecast to grow, but not significantly.

Revenue vs Market: SITE's revenue (7.9% per year) is forecast to grow slower than the US market (9.9% per year).

High Growth Revenue: SITE's revenue (7.9% per year) is forecast to grow slower than 20% per year.

Future ROE: SITE's Return on Equity is forecast to be low in 3 years time (17.2%).

Quality Earnings: SITE has high quality earnings.

Growing Profit Margin: SITE's current net profit margins (6%) are higher than last year (4%).

Earnings Trend: SITE has become profitable over the past 5 years, growing earnings by 53.8% per year.

Accelerating Growth: SITE's earnings growth over the past year (91.4%) exceeds its 5-year average (53.8% per year).

Earnings vs Industry: SITE earnings growth over the past year (91.4%) exceeded the Trade Distributors industry 49.2%.

High ROE: SITE's Return on Equity (20.4%) is considered high.

Short Term Liabilities: SITE's short term assets ($1.2B) exceed its short term liabilities ($555.9M).

Long Term Liabilities: SITE's short term assets ($1.2B) exceed its long term liabilities ($585.4M).

Debt Level: SITE's debt to equity ratio (34.8%) is considered satisfactory.

Reducing Debt: SITE's debt to equity ratio has reduced from 296.1% to 34.8% over the past 5 years.

Debt Coverage: SITE's debt is well covered by operating cash flow (62.2%).

Interest Coverage: SITE's interest payments on its debt are well covered by EBIT (10.4x coverage).

Notable Dividend: Unable to evaluate SITE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate SITE's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.

Stable Dividend: Insufficient data to determine if SITE's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if SITE's dividend payments have been increasing.

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.

Future Dividend Coverage: No need to calculate the sustainability of SITE's dividend in 3 years as they are not forecast to pay a notable one for the US market.

Mr. Doug Black has been Chief Executive Officer of SiteOne Landscape Supply, Inc. (alternate name John Deere Landscapes, LLC) since April 1, 2014 and has been its Chairman of the Board since June 23, 2017....

Compensation vs Market: Doug's total compensation ($USD4.88M) is about average for companies of similar size in the US market ($USD6.27M).

Compensation vs Earnings: Doug's compensation has been consistent with company performance over the past year.

Experienced Management: SITE's management team is seasoned and experienced (6.2 years average tenure).

Experienced Board: SITE's board of directors are considered experienced (4.3 years average tenure).

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

• Name: SiteOne Landscape Supply, Inc.
• Ticker: SITE
• Exchange: NYSE
• Founded: 2013
• Industry: Trading Companies and Distributors
• Sector: Capital Goods
• Market Cap: US$9.458b
• Shares outstanding: 44.55m
• Website: https://www.siteone.com

• SiteOne Landscape Supply, Inc.
• 300 Colonial Center Parkway
• Suite 600
• Roswell
• Georgia
• 30076
• United States

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.